Mumbai: Several banks and NBFCs are offering attractive offers to customers on home loans and car loans during this festival season of Dhanteras and Diwali. Leading public sector banks, State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB) have introduced lucrative for customers.
Punjab National Bank: Punjab National Bank (PNB) is offering car loans at a starting interest rate of 8.7% . Customers can also enjoy discounts on processing fees and documentation charges. They can also get a home loan from PNB with interest rates starting at 8.4%, and there are no processing fees or documentation charges.
Also Read: Forex Market: Indian rupee opens flat against US dollar
State Bank of India: The State Bank of India (SBI) is offering massive discounts on term loans. Customer can enjoy the discounts based on their credit score. If the CIBIL score is between 700 and 749, then the customers can get a term loan at an interest rate of 8.7%, down from the prevailing rate of 9.35%. If the customers have a credit score of between 750 and 799, they can obtain term loans at an interest rate of 8.6%.
Bank of Baroda: The Bank of Baroda (BoB) is offering attractive offers under the ‘Feeling of Festival with BoB’ promotion till December 31, 2023. The bank is offering home loans at an annual interest rate of 8.4%. Home loan applicants won’t have to pay any processing fees. Customers can also avail car loans from the bank starting at a 8.7% interest rate, with no processing fees.
Post Your Comments